Gold Breakout Strategy

//version=5
indicator("Gold Breakout Strategy", overlay=true)

// Parameters
emaShort = input(20, "Short EMA")
emaLong = input(50, "Long EMA")
atrLength = input(14, "ATR Length")

// Calculations
ema20 = ta.ema(close, emaShort)
ema50 = ta.ema(close, emaLong)
atr = ta.atr(atrLength)

// Trend
bullishTrend = ema20 > ema50
bearishTrend = ema20 < ema50

// Entry Signals
longSignal = bullishTrend and close > ta.highest(close, 20)
shortSignal = bearishTrend and close < ta.lowest(close, 20)

// Plotting EMAs
plot(ema20, color=color.blue, title="EMA 20")
plot(ema50, color=color.red, title="EMA 50")

// Plotting Signals
plotshape(series=longSignal ? close : na, color=color.green, style=shape.labelup, title="Buy Signal", location=location.belowbar)
plotshape(series=shortSignal ? close : na, color=color.red, style=shape.labeldown, title="Sell Signal", location=location.abovebar)